SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)

May 9, 2019

2. SEC Identification Number

39274

3. BIR Tax Identification No.

000-506-020-000

4. Exact name of issuer as specified in its charter

PHINMA Energy Corporation

5. Province, country or other jurisdiction of incorporation

Makati City, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

Level 11 PHINMA Plaza, 39 Plaza Drive, Rockwell Center, Makati City Postal Code 1210

8. Issuer's telephone number, including area code

8700100

9. Former name or former address, if changed since last report

Trans-Asia Oil and Energy Development Corporation

10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA

Title of Each Class	Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common Shares	4,889,774,922
Amount of Debt Outstanding (in billions)	7

11. Indicate the item numbers reported herein

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The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

PHINMA Energy CorporationPHEN

PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Matters approved at the board meeting of PHINMA Energy Corporation dated May 9, 2019.
Background/Description of the Disclosure
The following items were approved at the board meeting of PHINMA Energy Corporation today: 1. Authority to issue 2,632,000,000 primary shares to AC Energy, Inc. at P 1.00 per share. 2. Authority to negotiate the purchase of PHINMA, Inc.’s and PHINMA Corp.’s shares in PHINMA Petroleum and Geothermal, Inc. (PPG) which represents 25.18% of PPG’s total outstanding capital stock. 3. Authority to undertake a Voluntary Tender Offer (VTO) for the remaining common shares of PPG, the terms of which shall be announced separately on the date of the commencement of the tender offer. 4. Consent to the assignment of Management Contract from PHINMA, Inc. to AC Energy, Inc. under the same terms and conditions.
Other Relevant Information
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